{ "ticker": { "uuid": "23b8ba9d-c1a6-4d8a-949d-a02dca1e8a5a", "symbol": "SRZN", "name": "Surrozen Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.998, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -47.881, "architecture_energy": 37.396, "architecture_maturity": 2.993, "architecture_confidence": 76.067, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 33.93, "rotation_up": 20.96, "upward_expansion": 8.9, "deceleration": 40.99, "rotation_down": 48.02, "downward_expansion": 77.57 }, "activity_lines": [ 22.882667, 23.096727, 24.502619, 25.207581 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": -0.333333 }, "latest_close": 25.62, "trend_reference": 25.306, "distance_from_trend": 0.012408, "trend_direction": "Improving", "fair_value": 13.503137, "distance_from_fair_value": 0.897337, "fair_value_direction": "Weakening", "relative_strength": 7.375225, "relative_strength_direction": "Weakening", "price_momentum": 0.123684, "excess_performance": -0.063769, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.012408, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.065995, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.897337, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.448378, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.073752, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.346152, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.123684, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.988414, "read": "Supply-led" } ], "volume": { "latest": 1421631, "relative_activity": 1.877458, "balance": 0.988414, "dry_up": 1.837816, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.158185, "annualized_volatility": 0.67958, "from_high_reference": -0.268, "from_low_reference": 1.684128 }, "levels": { "trend_reference": 25.306, "fair_value_reference": 13.503137, "structural_low": 18.12, "invalidation": "A 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"relative_strength": -1.775787, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.529023, "energy": 21.766086, "activity_lines": [ 23.400667, 23.750182, 25.538857, 25.70328 ] }, { "date": "2026-07-24", "close": 19.73, "volume": 833643, "typical_volume": 608944.7, "trend": 25.046333, "fair_value": 13.329602, "relative_strength": -11.009229, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.681866, "energy": 40.572621, "activity_lines": [ 22.074667, 22.897818, 24.899762, 25.354978 ] }, { "date": "2026-07-31", "close": 22.21, "volume": 2292815, "typical_volume": 701499.85, "trend": 25.068333, "fair_value": 13.388416, "relative_strength": -1.095745, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.930638, "energy": 44.161636, "activity_lines": [ 21.81, 22.649455, 24.531667, 25.171989 ] }, { "date": "2026-08-07", "close": 25.62, "volume": 1421631, "typical_volume": 757210.65, "trend": 25.306, "fair_value": 13.503137, "relative_strength": 7.375225, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.88097, "energy": 37.395543, "activity_lines": [ 22.882667, 23.096727, 24.502619, 25.207581 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }